Pigeon (OTCMKTS:PGENY) Shares Gap Up – Here’s What Happened

Pigeon Corp (OTCMKTS:PGENY)’s share price gapped up prior to trading on Tuesday. The stock had previously closed at $3.3350, but opened at $3.6050. Pigeon shares last traded at $3.6050, with a volume of 202 shares changing hands.

Pigeon Stock Performance

The company’s 50-day moving average is $3.18 and its 200-day moving average is $2.88. The firm has a market cap of $1.73 billion, a price-to-earnings ratio of 25.75 and a beta of 0.12.

Pigeon (OTCMKTS:PGENY) last posted its quarterly earnings data on Thursday, November 5th. The company reported $0.05 earnings per share for the quarter. Pigeon had a net margin of 8.01% and a return on equity of 11.11%. The firm had revenue of $189.78 million during the quarter, compared to analysts’ expectations of $188.01 million. On average, analysts predict that Pigeon Corp will post 0.13 EPS for the current year.

About Pigeon

Pigeon Corporation is a Japanese company focused on products and services for babies, parents and caregivers. Founded in 1957, it began with nursing bottles and has since developed a broad range of baby-care products. Its offerings include feeding bottles and nipples, breast pumps, baby toiletries and other childcare products, as well as maternity and women’s health products. The company also serves the nursing-care market and provides childcare-related services. Based in Japan, Pigeon serves customers in Japan and international markets, including parts of Asia and other regions.